
CreditAccess Grameen Appoints Devika Praveen as Chief Compliance Officer
CreditAccess Grameen Limited, India's leading rural-focused inclusive financing platform, has announced the appointment of Mrs. Devika Praveen as its Chief Compliance Officer (CCO), effective June 11, 2026.Mrs. Devika Praveen brings nearly three decades of experience in banking and financial services to the role, specializing in regulatory compliance, governance, anti-money laundering (AML), policy management, compliance testing, and Board-level oversight. Prior to joining CreditAccess Grameen, she served as Deputy Chief Compliance Officer at Slice Small Finance Bank.
Her distinguished career includes senior leadership roles across several prominent financial institutions. Mrs. Praveen held positions such as Chief Compliance Officer at Fincare Small Finance Bank and occupied senior compliance roles at AU Small Finance Bank, Kotak Mahindra Bank, and ING Vysya Bank. She possesses extensive experience in strengthening enterprise-wide compliance frameworks, managing regulatory relationships, overseeing supervisory inspections, driving AML initiatives, and ensuring robust governance practices within organizations.
Mrs. Devika holds a Master of Business Administration (MBA) from the University of Mysore and is a CAIIB-qualified banking professional.
Speaking about her appointment, Mrs. Praveen stated that she was delighted to join CreditAccess Grameen, noting the institution's commitment to responsible finance and financial inclusion. She expressed eagerness to collaborate with the leadership team to further strengthen the Company's compliance and governance framework, fostering a culture of regulatory excellence, and supporting its sustainable growth journey.
Mr. Ganesh Narayanan, Managing Director and CEO of CreditAccess Grameen Limited, commented on the appointment, stating that he was pleased to welcome Mrs. Praveen. He added that her extensive experience in regulatory compliance and governance, combined with her deep understanding of the evolving regulatory landscape, would be invaluable as the Company strengthens its framework and upholds high standards of corporate governance, supporting long-term growth and reinforcing stakeholder trust.
Company Profile Snapshot
CreditAccess Grameen Limited is headquartered in Bengaluru and operates as a leading rural-focused inclusive financing platform. The company provides various credit suites to low-middle income households.Key details about CreditAccess Grameen are summarized below:
| Aspect | Details |
|---|---|
| Headquarters | Bengaluru |
| Financing Services | Group loans, individual business loans, secured business loans, affordable housing loans, and two-wheeler financing |
| Operational Reach | 451 districts across 16 states (including Andhra Pradesh, Bihar, Chhattisgarh, Goa, Gujarat, Jharkhand, Karnataka, Kerala, Madhya Pradesh, Maharashtra, Odisha, Rajasthan, Tamil Nadu, Telangana, Uttar Pradesh & West Bengal) and one union territory (Puducherry) |
| Presence | Operates through 2,236 branches |
| Promoter | CreditAccess India B.V. |
CREDITACC Stock Price Movement
CREDITACCESS GRAMEEN LIMITED shares finished today by edging higher to settle at ₹1266.40, rising 0.41% in post-market trading. The stock saw a volume of 506,499 shares traded during the session.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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